Good Profit: How Creating Value for Others Built One of the World's Most Successful Companies
| Author | : | |
| Rating | : | 4.20 (569 Votes) |
| Asin | : | B00TWEMGE8 |
| Format Type | : | |
| Number of Pages | : | 121 Pages |
| Publish Date | : | 2016-08-27 |
| Language | : | English |
DESCRIPTION:
"Well worth the read" according to S Young. I saw the author's 60 Minutes interview and got interested in a company that I knew nothing about except what the media publishes - so I bought the book. At the time I was working for one of the world's largest conglomerates, and was accustomed to self-serving management philosophies and flavor-of-the-month feel good HR junk, so I wasn't expecting much.After reading it, I thought "if he really runs his company this way, it's something special." A few months later, I had a new job wi. Good Profit = Good Book Overall the book is well written and easy to read and includes a personal side of Charles Koch not seen before-like the 153 death threats he got in 201Good Profit = Good Book bigpete10092 Overall the book is well written and easy to read and includes a personal side of Charles Koch not seen before-like the 153 death threats he got in 2014. The book discusses how Koch has grown tremendously since the 1960's (Charles didn't simply inherit the company as some might say). At 79 Koch still puts in 9 hour work days. The company has grown so much by reinvesting 90% of their earnings back into the company. What is interesting is how Koch Industries despite having 100,000 emp. . The book discusses how Koch has grown tremendously since the 1960's (Charles didn't simply inherit the company as some might say). At 79 Koch still puts in 9 hour work days. The company has grown so much by reinvesting 90% of their earnings back into the company. What is interesting is how Koch Industries despite having 100,000 emp. Jeffrey Kimelman said Charles Koch offers us a glimpse behind what makes his company so successful.. Charles Koch outlines several of the underlying principles included in his successful program of, Market Based Management. One element that I like best is that it is important to never "brag" or feel "proud" of supposedly winning a deal or business with a customer. There is a story in the book that goes something like this: "Executives were sitting around a table after a successful deal for some millions was won, they were talking about how "smart" they were and that the customer mu
Myers, General, USAF, Ret., 15th Chairman of the Joint Chiefs of Staff “Charles Koch is a genuine patriot, and his lifelong mission is to make America as strong and free as she can be. "Charles Koch is right, there is a difference between Good Profit and bad profit. This book will teach us how." --(Papa) John Schnatter, CEO Papa John’s Pizza “Good Profit is an exploration into the mind and philosophy of one of America’s most extraordinary businessmen. Charles Koch explains – through example, anecdote, and impressive analysis – how Market-Based Management has enabled Koch Industries to create real, sustainable value for consumers and businesses alike. Lomax, Ph.D. He believes the principles of economic opportunity that have guided America
Good profit is the result of innovations that customers freely vote for with their own dollars; it’s the result of business decisions that create long term value for everyone--customers, employees, shareholders, and society.While you won't find the Koch Industries name on your home’s stain-resistant carpet, your baby’s more comfortable but absorbent diapers your stretch denim jeans, or your television with a better clarity screen, MBM™ drove these innovations and many more. Here, drawing on revealing, honest stories from his five decades in business – the company’s many successes as well as its stumbles – Koch walks the reader step-by-step through the five dimensions of Market-Based Management to show stockholders, entrepreneurs, leaders, students -- and innovators, supervisors and employees of all kinds, in any field --how to apply the prin
He is renowned for building Koch Industries into the second-largest private company in the nation -- currently valued at $100 billion-- making him the fourth wealthiest man in America, according to Forbes. Wichita, Kansas-based Koch Industries, Inc. Charles G. Koch em